UK Crypto Regulations 2024
UK crypto companies have to follow a substantial number of regulations to stay compliant and avoid penalties. At the same time, the UK government is working towards making these regulations clearer. For example, on February 1, 2023, the UK HM Treasury released a consultation on the Future Financial Services Regime for Crypto Assets following the collapse of […]
Cryptocurrency Tax in the UK
Do you have to pay taxes on crypto? Yes – for most crypto investors. There are some exceptions to the rules, however. Crypto assets aren’t considered money or currency by key financial institutions. From a tax perspective, crypto assets are treated like shares and will be taxed accordingly. Crypto traders and investors need to be aware of […]
